Economics: The Basics 1st Edition by Mike Mandel

Exercise 8

Are the following statements true or false?
a) Venture capital goes to established companies such as General Motors and Procter Gamble.
b) Venture capital is a high-risk investment.
c) The suppliers of capital in the venture capital credit channel are ordinary individuals.
d) Venture capital firms expect that most of the companies they invest in will be big successes.
e) The venture capital credit channel helps accelerate the adoption of new technology.